]]>http://abitco.in/tough-tokens-theranos-fraud-holds-harsh-lessons-for-crypto/feed/0Over 16 Million Americans Now Own Cryptocurrency, Survey Findshttp://abitco.in/over-16-million-americans-now-own-cryptocurrency-survey-finds-2/
http://abitco.in/over-16-million-americans-now-own-cryptocurrency-survey-finds-2/#commentsTue, 20 Mar 2018 00:40:31 +0000http://abitco.in/over-16-million-americans-now-own-cryptocurrency-survey-finds-2/Nearly 16.3 million Americans, or 8 percent of the country, own some form of cryptocurrency, according to a new survey by Finder.com, which also found slightly more than 5 percent of Americans owned Bitcoin. If accurate, the results mark an increase from a study the Pew Research Center published in December 2016 that revealed roughly half of Americans had heard of Bitcoin but only 1 percent had traded, collected or used it.
WHY ARE PEOPLE HESITANT TO BUY CRYPTO?
The survey asked the remaining 92 percent of people why they hadn’t purchased cryptocurrency, finding that 40 percent believe “there is no need or they are disinterested” followed by 35 percent saying “it’s too high risk.”
Among the rest of respondents, 27 percent said “it’s too complicated to understand,” 18 percent said “it’s a scam,” 17 percent said “it’s a bubble,” 11 percent said “it’s too difficult to use” and 6 percent said “there are too many fees.”
Men were almost three times as likely to hold cryptocurrency than women, with nearly 12 percent of men reporting owning cryptocurrency compared to only slightly …

]]>http://abitco.in/over-16-million-americans-now-own-cryptocurrency-survey-finds-2/feed/0Over 16 Million Americans Now Own Cryptocurrency, Survey Findshttp://abitco.in/over-16-million-americans-now-own-cryptocurrency-survey-finds/
http://abitco.in/over-16-million-americans-now-own-cryptocurrency-survey-finds/#commentsTue, 20 Mar 2018 00:40:25 +0000http://abitco.in/over-16-million-americans-now-own-cryptocurrency-survey-finds/Nearly 16.3 million Americans, or 8 percent of the country, own some form of cryptocurrency, according to a new survey by Finder.com, which also found slightly more than 5 percent of Americans owned Bitcoin. If accurate, the results mark an increase from a study the Pew Research Center published in December 2016 that revealed roughly half of Americans had heard of Bitcoin but only 1 percent had traded, collected or used it.
WHY ARE PEOPLE HESITANT TO BUY CRYPTO?
The survey asked the remaining 92 percent of people why they hadn’t purchased cryptocurrency, finding that 40 percent believe “there is no need or they are disinterested” followed by 35 percent saying “it’s too high risk.”
Among the rest of respondents, 27 percent said “it’s too complicated to understand,” 18 percent said “it’s a scam,” 17 percent said “it’s a bubble,” 11 percent said “it’s too difficult to use” and 6 percent said “there are too many fees.”
Men were almost three times as likely to hold cryptocurrency than women, with nearly 12 percent of men reporting owning cryptocurrency compared to only slightly …

]]>http://abitco.in/over-16-million-americans-now-own-cryptocurrency-survey-finds/feed/0US Regulatory Climate Continues to Be Hazy for ICOshttp://abitco.in/us-regulatory-climate-continues-to-be-hazy-for-icos/
http://abitco.in/us-regulatory-climate-continues-to-be-hazy-for-icos/#commentsTue, 20 Mar 2018 00:05:17 +0000http://abitco.in/us-regulatory-climate-continues-to-be-hazy-for-icos/The US Congress continues to pass business-friendly legislation, but many in the cryptoasset space complain that ambiguities in federal securities laws will prevent initial coin offering issuers (ICOs) from taking advantage of them. Last week, the House of Representatives passed the Regulation A+ Improvement Act of 2017, which seeks to implement a 50 percent increase
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]]>http://abitco.in/14-thai-banks-back-blockchain-platform-to-digitize-contracts/feed/0‘Crypto Hour’ Wants Bitcoin Miners To Switch Off March 24http://abitco.in/crypto-hour-wants-bitcoin-miners-to-switch-off-march-24/
http://abitco.in/crypto-hour-wants-bitcoin-miners-to-switch-off-march-24/#commentsMon, 19 Mar 2018 22:45:19 +0000http://abitco.in/crypto-hour-wants-bitcoin-miners-to-switch-off-march-24/Crypto hours is a Russian initiative in honor of Earth Hour on March 24 is looking to make the world’s cryptocurrency miners switch off their rigs for an hour.
Switching Off For Ecological Awareness
As various local news outlets report, the so-called ‘Crypto Hour’ (‘Kripto Chas’) is being organized in order to highlight the ecological impact of mining and encourage the industry to develop more eco-friendly methods of minting coins.
The event comes at a time when mining operators continue to seek out cheap electricity to capitalize on the burgeoning global mining trend – sometimes causing conflict in doing so.

As Bitcoinist reported, initially successful but now problematic new mining schemes in New York State contrast with the outright hostile reception from local lawmakers across the border in Canada this year.
“The aim of the protest is making the Russian government and those of other countries create an ‘ecological mining’ map… and also to stimulate investment in such ecological mining projects,” Pyotr Dvoryankin, founder of digital asset investment network CryptoLife and organizer of Crypto Hour told Rambler News Service.
We also want to create systems allowing reuse of heat generated …

]]>http://abitco.in/crypto-hour-wants-bitcoin-miners-to-switch-off-march-24/feed/0Newly Appointed PBOC Governor Once Called Bitcoin ‘Inspiring’, Praised Its Accessibilityhttp://abitco.in/newly-appointed-pboc-governor-once-called-bitcoin-inspiring-praised-its-accessibility/
http://abitco.in/newly-appointed-pboc-governor-once-called-bitcoin-inspiring-praised-its-accessibility/#commentsMon, 19 Mar 2018 22:45:05 +0000http://abitco.in/newly-appointed-pboc-governor-once-called-bitcoin-inspiring-praised-its-accessibility/The newly appointed governor of the People’s Bank of China could bring a softer policy toward crypto in the country, having once called Bitcoin “inspiring”. #NEWS

]]>http://abitco.in/newly-appointed-pboc-governor-once-called-bitcoin-inspiring-praised-its-accessibility/feed/0Could Trump’s Executive Order Banning ‘Petro’ Transactions Lead to Backdoor Cryptocurrency Regulations?http://abitco.in/could-trumps-executive-order-banning-petro-transactions-lead-to-backdoor-cryptocurrency-regulations/
http://abitco.in/could-trumps-executive-order-banning-petro-transactions-lead-to-backdoor-cryptocurrency-regulations/#commentsMon, 19 Mar 2018 22:15:15 +0000http://abitco.in/could-trumps-executive-order-banning-petro-transactions-lead-to-backdoor-cryptocurrency-regulations/President Donald Trump’s executive order banning US residents from engaging in transactions related to Venezuela’s “Petro” cryptocurrency could give the federal government an opening to regulate cryptocurrencies more closely under the guise of national security. The order, signed by Trump on Monday and effective immediately, makes it illegal for US citizens and residents to transact
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]]>http://abitco.in/american-startup-promises-to-reward-users-with-cryptocurrency-for-demonstrating-expertise/feed/0Israeli Regulator: Utility Tokens Shouldn't Be Deemed Securitieshttp://abitco.in/israeli-regulator-utility-tokens-shouldnt-be-deemed-securities/
http://abitco.in/israeli-regulator-utility-tokens-shouldnt-be-deemed-securities/#commentsMon, 19 Mar 2018 21:30:13 +0000http://abitco.in/israeli-regulator-utility-tokens-shouldnt-be-deemed-securities/The Israel Securities Authority also proposed an ICO sandbox in a recent report now in the hands of the agency’s chair, who will decide how to proceed

]]>http://abitco.in/bitcoin-ethereum-bitcoin-cash-ripple-stellar-litecoin-cardano-neo-eos-price-analysis-march-19/feed/0Stellar Gears Up to Implement Lightning Networkhttp://abitco.in/stellar-gears-up-to-implement-lightning-network/
http://abitco.in/stellar-gears-up-to-implement-lightning-network/#commentsMon, 19 Mar 2018 20:40:28 +0000http://abitco.in/stellar-gears-up-to-implement-lightning-network/Last week, on March 15, 2018, Lightning Labs unveiled their beta for the Lightning Network in a flash of media attention and enthusiasm. The Lightning Network has been heralded as a solution to Bitcoin’s scalability issues, and the developments were greeted by the community with tremendous optimism.A little less than a week later, the Stellar network team has announced that they will be integrating the Lightning Network. That makes Stellar among the first projects to formally announce integration of the Lightning Network since the beta release last week.“We’re super excited about Lighting,” Stellar founder …

]]>http://abitco.in/stellar-gears-up-to-implement-lightning-network/feed/0President Trump Bans US Citizens from Buying Venezuela’s Petrohttp://abitco.in/president-trump-bans-us-citizens-from-buying-venezuelas-petro/
http://abitco.in/president-trump-bans-us-citizens-from-buying-venezuelas-petro/#commentsMon, 19 Mar 2018 20:40:21 +0000http://abitco.in/president-trump-bans-us-citizens-from-buying-venezuelas-petro/The Venezuelan Petro’s alleged astronomical success could be under threat as US President Trump puts plans in process to prohibit American citizens from purchasing the digital currency.
It seems as if President Trump has thrown a cog in the apparent billion-dollar machine that is Venezuela’s Petro. According to Bloomberg, the US president issued a prohibition order on Monday banning the country’s citizens from going anywhere near the South American country’s first state-issued virtual currency.
To reinforce this, Trump has ordered Treasury Secretary Steven Mnuchin to issue any regulations required to enforce this ban.
The Role of the Petro
Venezuelan President Nicolás Maduro developed the Petro, which can be purchased through US dollars and euros, as a way to combat the country’s hyperinflation, which is expected to reach 13,000% in 2018. It is also being used as a way to circumvent US-imposed financial sanctions.
The latter, issued in August 2017, forbids Venezuela from borrowing any more money from the US, making refinancing its existing mountain of debt just about impossible. Even though the South American country is rich in natural resources, such as the crude oil used to back the Petro, it …

]]>http://abitco.in/president-trump-bans-us-citizens-from-buying-venezuelas-petro/feed/0Wall Street Bank Morgan Stanley Likens Bitcoin to Dotcom Busthttp://abitco.in/wall-street-bank-morgan-stanley-likens-bitcoin-to-dotcom-bust/
http://abitco.in/wall-street-bank-morgan-stanley-likens-bitcoin-to-dotcom-bust/#commentsMon, 19 Mar 2018 20:35:52 +0000http://abitco.in/wall-street-bank-morgan-stanley-likens-bitcoin-to-dotcom-bust/Morgan Stanley compared an accelerated timeline for bitcoin’s performance to the dotcom era. Sheena Shah, a Morgan Stanley market strategist, in a research report cited in CNBC, painted a potentially grim picture for the future of bitcoin, finding similarities in the price performance and volume levels with the tech-laden Nasdaq at the turn of the
The post Wall Street Bank Morgan Stanley Likens Bitcoin to Dotcom Bust appeared first on CCN

]]>http://abitco.in/hong-kong-securities-regulator-shuts-down-ico-makes-company-issue-refunds/feed/0Decentralized Exchanges on the Rise With Kyber and Binance Developmentshttp://abitco.in/decentralized-exchanges-on-the-rise-with-kyber-and-binance-developments/
http://abitco.in/decentralized-exchanges-on-the-rise-with-kyber-and-binance-developments/#commentsMon, 19 Mar 2018 20:00:30 +0000http://abitco.in/decentralized-exchanges-on-the-rise-with-kyber-and-binance-developments/Decentralized exchanges promise a world in which cryptocurrency can be traded without a centralized middlemen. Nevertheless, the majority of cryptocurrency currently trades on centralized exchanges that have amassed large network effects, offer large amounts of liquidity and have an easy-to-follow user experience. Recently, exchanges Binance and Kyber Network released news of progress toward the future of decentralized exchanges: Binance announced the launch of a decentralized exchange, and Kyber Network made their decentralized exchange beta available to the general public.Decentralized vs. Centralized Exchanges On a traditional, centralized exchange, users place their trust in a single party to store their …

]]>http://abitco.in/decentralized-exchanges-on-the-rise-with-kyber-and-binance-developments/feed/0The Dot-Com Bubble Still Dwarfs the Cryptocurrency ‘Bubble’http://abitco.in/the-dot-com-bubble-still-dwarfs-the-cryptocurrency-bubble/
http://abitco.in/the-dot-com-bubble-still-dwarfs-the-cryptocurrency-bubble/#commentsMon, 19 Mar 2018 19:40:21 +0000http://abitco.in/the-dot-com-bubble-still-dwarfs-the-cryptocurrency-bubble/Initial Coin Offerings (ICOs) are a hot topic in the cryptocurrency space, where both massive profits and fraudulent scams abound — but is there really a bubble forming?
Weighing the Pros and Cons
While the cryptocurrency market houses no shortage of controversy, Initial Coin Offerings might take the cake.
On one hand, ICOs allow regular people to access the venture capital space previously reserved for only those with big pockets, while providing near instantaneous liquidity.

On the other, analysis published by Ernst & Young recently claimed that 10 percent of all funds raised through ICOs were lost or stolen — and many ICOs which actually try are simply laughable. Dr Garrick Hileman, a research associate at the University of Cambridge and who is running a $25 million ICO in his capacity as co-founder of blockchain start-up Mosaic, told The Telegraph:
There are blatant scams, pump-and-dumps, misinformation and a lack of disclosure of conflicts of interest. But it is quite possible that this is a new channel that is going to be with us for some time. [Early-stage investing] is something that’s been traditionally reserved for millionaires and billionaires. Now the little guy is getting a crack.
If It& …

]]>http://abitco.in/frances-central-bank-keep-financial-institutions-out-of-crypto/feed/0UK Government Announces New Cryptocurrency Research Efforthttp://abitco.in/uk-government-announces-new-cryptocurrency-research-effort/
http://abitco.in/uk-government-announces-new-cryptocurrency-research-effort/#commentsMon, 19 Mar 2018 19:32:19 +0000http://abitco.in/uk-government-announces-new-cryptocurrency-research-effort/The U.K. government will launch new research aimed to explore the potential risks posed by cryptocurrencies, a minister has said.

]]>http://abitco.in/morgan-stanley-bitcoins-price-story-is-nasdaq-15-times-faster/feed/0Ovato to Revolutionize the Loyalty and Rewards Industryhttp://abitco.in/ovato-to-revolutionize-the-loyalty-and-rewards-industry/
http://abitco.in/ovato-to-revolutionize-the-loyalty-and-rewards-industry/#commentsMon, 19 Mar 2018 18:41:01 +0000http://abitco.in/ovato-to-revolutionize-the-loyalty-and-rewards-industry/According to data from CoinSchedule, initial coin offerings (ICOs) have raised almost $3 billion year-to-date, which includes Telegram’s pre-sale that targeted $850 million. It seems that 2018 will become another record year for the ICOs. If you missed the recent crowdfunding events, don’t worry – the most interesting ones are still to come.
One of the exciting projects that we want to discuss today is Ovato, a decentralized ecosystem used to create and monitor social media-oriented advertising campaigns. The blockchain-based system will involve merchants, social media influences, and customers. It will revolve around Ovato Coin, with the ticker OVT, which is currently released via a multi-stage ICO.
The Ovato Coin will be used for loyalty and rewards programs, charity, and other use cases focused on the merchant-client relationships.
The OVT token can enjoy a guaranteed success given that it will be distributed on top of Bitovation, a California-based Ovato subsidiary that helps clients get rebates in Bitcoin. Currently, Bitovation is already working with 950 US-based brands.

How Will Ovato Coin Be Used?
Prior to explaining the specific use cases of Ovato, we should stress the fact that this token can be used the same as any other cryptocurrency out there, …

]]>http://abitco.in/ovato-to-revolutionize-the-loyalty-and-rewards-industry/feed/0Blockchain Implementation, ICO for Start-ups, Analytics of Cryptocurrencies: This and More at Blockchain & Bitcoin Conference Germanyhttp://abitco.in/blockchain-implementation-ico-for-start-ups-analytics-of-cryptocurrencies-this-and-more-at-blockchain-bitcoin-conference-germany/
http://abitco.in/blockchain-implementation-ico-for-start-ups-analytics-of-cryptocurrencies-this-and-more-at-blockchain-bitcoin-conference-germany/#commentsMon, 19 Mar 2018 18:40:20 +0000http://abitco.in/blockchain-implementation-ico-for-start-ups-analytics-of-cryptocurrencies-this-and-more-at-blockchain-bitcoin-conference-germany/On April 4, Berlin will host the Blockchain & Bitcoin Conference on Blockchain technologies, cryptocurrency, and ICO.
Key topics
Blockchain implementation into business processes
Analytics of cryptocurrencies and future forecasts
ICO for start-ups and investors
Legislation issues
Speakers
Among the invited speakers there will be such blockchain experts as IBM Cloud representative, international Blockchain Competence Group leader, and the European Centre for Nuclear Research (CERN) representative.
René Bostic, the Technical Vice President of Innovation and New Technologies for IBM Cloud, will give a speech on the Advancement of Blockchain Technology: From Concept to Implementation. Being an expert in cloud computing, DevOps and emerging cloud technologies, René will address these topical issues in her presentation.
Another invited expert is Dr. Nina-Luisa Siedler, a partner at DWF, a technology-oriented global law firm, and head of the international Blockchain Competence Group. She will speak about the token regulation, giving insights into the current discussion and future possibilities.
Manuel Martin Marquez, a project leader for Big at the European Centre for Nuclear Research (CERN), will talk about the blockchain and open science evolution. Manuel’s aim is to give the scientific benefits back to the society, unlocking the transparent science, using …

]]>http://abitco.in/blockchain-implementation-ico-for-start-ups-analytics-of-cryptocurrencies-this-and-more-at-blockchain-bitcoin-conference-germany/feed/0Telegram’s Cryptocurrency Could Be Worth $200 Billion, but is the ICO Overpriced?http://abitco.in/telegrams-cryptocurrency-could-be-worth-200-billion-but-is-the-ico-overpriced/
http://abitco.in/telegrams-cryptocurrency-could-be-worth-200-billion-but-is-the-ico-overpriced/#commentsMon, 19 Mar 2018 18:25:14 +0000http://abitco.in/telegrams-cryptocurrency-could-be-worth-200-billion-but-is-the-ico-overpriced/Telegram’s much-anticipated cryptocurrency could achieve a $200 billion market cap in five years, but a respected analyst said that the firm’s initial coin offering (ICO) is still probably overvalued. Reports on Telegram’s goal for the ICO have varied wildly. Some have placed the figure as high as $2.6 billion, but all reports agree it will
The post Telegram’s Cryptocurrency Could Be Worth $200 Billion, but is the ICO Overpriced? appeared first on CCN

]]>http://abitco.in/telegrams-cryptocurrency-could-be-worth-200-billion-but-is-the-ico-overpriced/feed/0Breaking: Trump Bans US Citizens, Residents from Venezuela’s Crypto ‘Petro’http://abitco.in/breaking-trump-bans-us-citizens-residents-from-venezuelas-crypto-petro/
http://abitco.in/breaking-trump-bans-us-citizens-residents-from-venezuelas-crypto-petro/#commentsMon, 19 Mar 2018 17:45:20 +0000http://abitco.in/breaking-trump-bans-us-citizens-residents-from-venezuelas-crypto-petro/US president Donald Trump has issued an executive order banning US citizens from buying, trading or dealing in cryptocurrencies (the Petro) related to the Venezuelan government. In what is certain to be the first crypto-related executive action taken by a US president, the White House revealed Donald Trump’s executive order to unconditionally ban all activities
The post Breaking: Trump Bans US Citizens, Residents from Venezuela’s Crypto ‘Petro’ appeared first on CCN

]]>http://abitco.in/breaking-trump-bans-us-citizens-residents-from-venezuelas-crypto-petro/feed/0How Nano and Telegram are Championing Ongoing Developmenthttp://abitco.in/how-nano-and-telegram-are-championing-ongoing-development/
http://abitco.in/how-nano-and-telegram-are-championing-ongoing-development/#commentsMon, 19 Mar 2018 17:40:26 +0000http://abitco.in/how-nano-and-telegram-are-championing-ongoing-development/2018 is going to be a year of seismic change for the cryptocurrency community, just like 2017. But while 2017 mostly saw explosive growth, from the rise of ICOs to mainstream news coverage of Bitcoin to the soaring values of other prominent cryptocurrencies such as Ethereum and Ripple, 2018 is likely to show the cryptocurrency world less exuberant, unrestrained growth and more thoughtful industry development.
The looming specter of promised SEC regulation, the predicted “pop” (or currently occurring “pop,” depending on who you ask) of the cryptocurrency value bubble, and the entry of more and more investors, innovators, and participants from outside 2017’s niche cryptocurrency circle are all factors fundamentally changing the cryptocurrency world. But not necessarily for the worse. Some companies are leading the way forward and showing how the cryptocurrency world will continue to evolve in 2018.
More Funding
If you’ve spent any time at all reading crypto news recently, you’ve probably heard about Telegram’s ICO, which recently broke all old cryptocurrency fundraising records by making $850 million in their first round of fundraising. They reportedly plan on raising another $1.15 billion in their next round, bringing their total to $2 billion before their public …

]]>http://abitco.in/stellar-goes-in-on-lightning-with-2018-launch-target/feed/0US Trade Regulator Launches Blockchain Working Grouphttp://abitco.in/us-trade-regulator-launches-blockchain-working-group/
http://abitco.in/us-trade-regulator-launches-blockchain-working-group/#commentsMon, 19 Mar 2018 17:30:52 +0000http://abitco.in/us-trade-regulator-launches-blockchain-working-group/The Federal Trade Commission has formed a working group to examine the ways in which blockchain and cryptocurrencies will affect its missions.

]]>http://abitco.in/uk-financial-regulator-introduces-global-fintech-sandbox-90-success-rate-domestically/feed/0Mastercard “Very Happy” to Support [State] Cryptocurrencies, Just Not Anonymous “Junk”http://abitco.in/mastercard-very-happy-to-support-state-cryptocurrencies-just-not-anonymous-junk/
http://abitco.in/mastercard-very-happy-to-support-state-cryptocurrencies-just-not-anonymous-junk/#commentsMon, 19 Mar 2018 16:50:47 +0000http://abitco.in/mastercard-very-happy-to-support-state-cryptocurrencies-just-not-anonymous-junk/Payments giant Mastercard is fully behind supporting state-backed, central bank-issued cryptocurrencies, a senior executive has revealed. In an interview with the Financial Times, Mastercard Asia-Pacific co-president Ari Sarker has opined that the world’s second-biggest payments company would be “very happy to look at” supporting national digital currencies that are issued and backed by central banks.
The post Mastercard “Very Happy” to Support [State] Cryptocurrencies, Just Not Anonymous “Junk” appeared first on CCN

]]>http://abitco.in/mastercard-very-happy-to-support-state-cryptocurrencies-just-not-anonymous-junk/feed/0GIFcoin ICO Gives You a Chance to Gain a Juicy Share of the Gambling Industry’s Massive Profitshttp://abitco.in/gifcoin-ico-gives-you-a-chance-to-gain-a-juicy-share-of-the-gambling-industrys-massive-profits/
http://abitco.in/gifcoin-ico-gives-you-a-chance-to-gain-a-juicy-share-of-the-gambling-industrys-massive-profits/#commentsMon, 19 Mar 2018 16:20:40 +0000http://abitco.in/gifcoin-ico-gives-you-a-chance-to-gain-a-juicy-share-of-the-gambling-industrys-massive-profits/If you haven’t invested in GIF tokens, you are without a doubt missing your share of the colossal profits of the gambling industry. GIFcoin’s main ICO sale is LIVE. After a successful, sold-out private sale, Stage 1 of the ICO is currently airing with a 60% bonus. It’s about time to reap the succulent benefits… View Article

]]>http://abitco.in/ibm-reveals-blockchain-computer-smaller-than-grain-of-salt-to-track-objects-devices/feed/0MyToken, China’s Top Cryptocurrency Platform, Launches Its Own Tokenhttp://abitco.in/mytoken-chinas-top-cryptocurrency-platform-launches-its-own-token-2/
http://abitco.in/mytoken-chinas-top-cryptocurrency-platform-launches-its-own-token-2/#commentsMon, 19 Mar 2018 16:02:40 +0000http://abitco.in/mytoken-chinas-top-cryptocurrency-platform-launches-its-own-token-2/Singapore, March 6, 2018 – MyToken, As China’s most popular cryptocurrency platform, today announced the launch of its own token, which named MT. Established in August 2017, MyToken has quickly become the most popular cryptocurrency platform in China in terms of market share and number of active users. The platform has more than 400,000 users,… View Article

]]>http://abitco.in/mytoken-chinas-top-cryptocurrency-platform-launches-its-own-token-2/feed/0MyToken, China’s Top Cryptocurrency Platform, Launches Its Own Tokenhttp://abitco.in/mytoken-chinas-top-cryptocurrency-platform-launches-its-own-token/
http://abitco.in/mytoken-chinas-top-cryptocurrency-platform-launches-its-own-token/#commentsMon, 19 Mar 2018 16:02:35 +0000http://abitco.in/mytoken-chinas-top-cryptocurrency-platform-launches-its-own-token/Singapore, March 6, 2018 – MyToken, As China’s most popular cryptocurrency platform, today announced the launch of its own token, which named MT. Established in August 2017, MyToken has quickly become the most popular cryptocurrency platform in China in terms of market share and number of active users. The platform has more than 400,000 users,… View Article

]]>http://abitco.in/mytoken-chinas-top-cryptocurrency-platform-launches-its-own-token/feed/0The IRS Isn’t Making it Easy for Cryptocurrency Investorshttp://abitco.in/the-irs-isnt-making-it-easy-for-cryptocurrency-investors-2/
http://abitco.in/the-irs-isnt-making-it-easy-for-cryptocurrency-investors-2/#commentsMon, 19 Mar 2018 15:40:42 +0000http://abitco.in/the-irs-isnt-making-it-easy-for-cryptocurrency-investors-2/The Internal Revenue Service (IRS) continues to reach its greedy claws into the pockets of cryptocurrency investors — surprising some with unexpected bills.
Land of the Free, Home of the IRS
Cryptocurrency is still a new and wild market, but that doesn’t mean the IRS isn’t prepared to screw you over on your digital currency transactions as much as possible.
According to the Internal Revenue Service, cryptocurrency investors aren’t merely liable to pay taxes when cashing out cryptocurrency for fiat. Rather, anything purchased using a digital currency is taxable as a capital gain — including the purchase of other cryptocurrencies.
What many taxpayers still fail to realize is that using Bitcoin (BTC) to purchase other cryptocurrencies — which is how it is primarily done on many popular exchanges — count as taxable transactions. William Perez, a tax accountant at online tax filing and advisory service Visor, told The Guardian:
That often catches people off guard, but once you break it out you’ve sold one coin and invested in another. That’s one bear trap.

Physical purchases made with cryptocurrencies are also taxable events, but not just with your standard …

]]>http://abitco.in/the-irs-isnt-making-it-easy-for-cryptocurrency-investors-2/feed/0The IRS Isn’t Making it Easy for Cryptocurrency Investorshttp://abitco.in/the-irs-isnt-making-it-easy-for-cryptocurrency-investors/
http://abitco.in/the-irs-isnt-making-it-easy-for-cryptocurrency-investors/#commentsMon, 19 Mar 2018 15:40:29 +0000http://abitco.in/the-irs-isnt-making-it-easy-for-cryptocurrency-investors/The Internal Revenue Service (IRS) continues to reach its greedy claws into the pockets of cryptocurrency investors — surprising some with unexpected bills.
Land of the Free, Home of the IRS
Cryptocurrency is still a new and wild market, but that doesn’t mean the IRS isn’t prepared to screw you over on your digital currency transactions as much as possible.
According to the Internal Revenue Service, cryptocurrency investors aren’t merely liable to pay taxes when cashing out cryptocurrency for fiat. Rather, anything purchased using a digital currency is taxable as a capital gain — including the purchase of other cryptocurrencies.
What many taxpayers still fail to realize is that using Bitcoin (BTC) to purchase other cryptocurrencies — which is how it is primarily done on many popular exchanges — count as taxable transactions. William Perez, a tax accountant at online tax filing and advisory service Visor, told The Guardian:
That often catches people off guard, but once you break it out you’ve sold one coin and invested in another. That’s one bear trap.

Physical purchases made with cryptocurrencies are also taxable events, but not just with your standard …

]]>http://abitco.in/the-irs-isnt-making-it-easy-for-cryptocurrency-investors/feed/0Blockchain-based ERC20 Token Creation and Trading Platform WandX Releases Decentralized Exchangehttp://abitco.in/blockchain-based-erc20-token-creation-and-trading-platform-wandx-releases-decentralized-exchange/
http://abitco.in/blockchain-based-erc20-token-creation-and-trading-platform-wandx-releases-decentralized-exchange/#commentsMon, 19 Mar 2018 15:40:15 +0000http://abitco.in/blockchain-based-erc20-token-creation-and-trading-platform-wandx-releases-decentralized-exchange/The buyers of cryptocurrencies are increasingly vexed with the question of how to ensure that pure speculation does not negatively affect the price of the asset that they are buying.
WandX establishes an infrastructure for decentralized creation and trading of ERC20 Tokens built on the Ethereum blockchain. The application allows users to create combinations of ERC20 Tokens (a Basket of Tokens) and trade the Basket by way of a single transaction. The platform has recently released the first version of decentralized exchange at exchange.wandx.co., as planned and mentioned in the WandX roadmap on its website.
WandX Decentralized Exchange
The Decentralized Exchange released recently by WandX is a great enhancement to the platform’s functionality, allowing the users to trade ERC20 tokens in a completely decentralized way. Moreover, users can create Token baskets like “Decentralized Identity Tokens” or “Decentralized Exchange Tokens” and trade these themed baskets instead of trading individual Tokens through WandX’s Basket protocol.
System Requirements
The recently released application requires users to install Metamask to access the application. The Log-in capability through JSON file will be added in near future.
How to Create & Sell ERC20 Token baskets?
To do …

]]>http://abitco.in/northern-trust-pwc-launch-instant-blockchain-audits/feed/0Fundstrat’s Lee Predicts $91,000 Bitcoin Price in Two Yearshttp://abitco.in/fundstrats-lee-predicts-91000-bitcoin-price-in-two-years/
http://abitco.in/fundstrats-lee-predicts-91000-bitcoin-price-in-two-years/#commentsMon, 19 Mar 2018 15:25:15 +0000http://abitco.in/fundstrats-lee-predicts-91000-bitcoin-price-in-two-years/Fundstrat’s Tom Lee is making a bullish call on bitcoin in the next two years, suggesting that the latest 70% drop actually bodes well for the future BTC price. The head of research at the New York-based market research firm predicts that based on historical trading patterns, the bitcoin price could reach $91,000 by March
The post Fundstrat’s Lee Predicts $91,000 Bitcoin Price in Two Years appeared first on CCN

]]>http://abitco.in/blockchain-platform-to-tokenize-antiquated-alternative-investments-sector/feed/0Research Suggests Tether Has Banking Relationship with Puerto Rico-based Noble Bankhttp://abitco.in/research-suggests-tether-has-banking-relationship-with-puerto-rico-based-noble-bank/
http://abitco.in/research-suggests-tether-has-banking-relationship-with-puerto-rico-based-noble-bank/#commentsMon, 19 Mar 2018 14:35:10 +0000http://abitco.in/research-suggests-tether-has-banking-relationship-with-puerto-rico-based-noble-bank/New research suggests that cryptocurrency startup Tether — creator of dollar-pegged stablecoin USDT — has a banking relationship with Puerto Rican financial institution Noble Bank. On Monday, BitMEX Research published a report examining newly-released data related to Puerto Rico’s financial system for the calendar year ended 2017. This data — which was published by Puerto
The post Research Suggests Tether Has Banking Relationship with Puerto Rico-based Noble Bank appeared first on CCN

]]>http://abitco.in/research-suggests-tether-has-banking-relationship-with-puerto-rico-based-noble-bank/feed/0Half of Coincheck’s Stolen NEM May Already be Launderedhttp://abitco.in/half-of-coinchecks-stolen-nem-may-already-be-laundered-2/
http://abitco.in/half-of-coinchecks-stolen-nem-may-already-be-laundered-2/#commentsMon, 19 Mar 2018 13:40:25 +0000http://abitco.in/half-of-coinchecks-stolen-nem-may-already-be-laundered-2/Hackers involved in the high-profile Coincheck heist earlier this year may have successfully converted half of the stolen NEM tokens into other digital currencies.
Hung out to Dry
As reported by Japan Today, hackers involved in the large-scale Coincheck heist may have utilized the anonymous “dark web” — which has proved troublesome to investigators trying to track the stolen cryptocurrency then valued at roughly $547 million.
According to a cybersecurity expert, hackers created a website on the dark web which allowed for the trading of digital currencies on February 7th. The conversion of NEM coins began immediately, and data illustrates that transactions are still being processed on said website — potentially making the stolen NEM all but untraceable.

The Singapore-based NEM Foundation has been working overtime in efforts to track the stolen NEM, largely by flagging accounts suspected of being used for illicit transfers. While doing so, it has requested that all cryptocurrency exchanges deny transactions from flagged accounts.
Still, this process merely makes it more difficult for wrongdoers to launder the stolen NEM — as opposed to reclaiming it. Said Japan Digital Design Inc Chief Technology Officer Masanori Kusunoki:
It has become evident we cannot block currency …

]]>http://abitco.in/half-of-coinchecks-stolen-nem-may-already-be-laundered-2/feed/0Half of Coincheck’s Stolen NEM May Already be Launderedhttp://abitco.in/half-of-coinchecks-stolen-nem-may-already-be-laundered/
http://abitco.in/half-of-coinchecks-stolen-nem-may-already-be-laundered/#commentsMon, 19 Mar 2018 13:40:21 +0000http://abitco.in/half-of-coinchecks-stolen-nem-may-already-be-laundered/Hackers involved in the high-profile Coincheck heist earlier this year may have successfully converted half of the stolen NEM tokens into other digital currencies.
Hung out to Dry
As reported by Japan Today, hackers involved in the large-scale Coincheck heist may have utilized the anonymous “dark web” — which has proved troublesome to investigators trying to track the stolen cryptocurrency then valued at roughly $547 million.
According to a cybersecurity expert, hackers created a website on the dark web which allowed for the trading of digital currencies on February 7th. The conversion of NEM coins began immediately, and data illustrates that transactions are still being processed on said website — potentially making the stolen NEM all but untraceable.

The Singapore-based NEM Foundation has been working overtime in efforts to track the stolen NEM, largely by flagging accounts suspected of being used for illicit transfers. While doing so, it has requested that all cryptocurrency exchanges deny transactions from flagged accounts.
Still, this process merely makes it more difficult for wrongdoers to launder the stolen NEM — as opposed to reclaiming it. Said Japan Digital Design Inc Chief Technology Officer Masanori Kusunoki:
It has become evident we cannot block currency …

]]>http://abitco.in/ether-up-from-100-day-low-but-bounce-back-lacks-substance/feed/0Stablecoin to HODL? Pizza CEO Nets Millions for Cryptohttp://abitco.in/stablecoin-to-hodl-pizza-ceo-nets-millions-for-crypto/
http://abitco.in/stablecoin-to-hodl-pizza-ceo-nets-millions-for-crypto/#commentsMon, 19 Mar 2018 13:30:13 +0000http://abitco.in/stablecoin-to-hodl-pizza-ceo-nets-millions-for-crypto/“Stablecoins” continue to be a much sought-after tech for ICOs, and a new one, Fragments, now boasts investment from True, Pantera and FBG.

]]>http://abitco.in/stablecoin-to-hodl-pizza-ceo-nets-millions-for-crypto/feed/0Twitter to Ban Cryptocurrency-Related Ads, With Limited Exceptions: Reporthttp://abitco.in/twitter-to-ban-cryptocurrency-related-ads-with-limited-exceptions-report/
http://abitco.in/twitter-to-ban-cryptocurrency-related-ads-with-limited-exceptions-report/#commentsMon, 19 Mar 2018 13:20:42 +0000http://abitco.in/twitter-to-ban-cryptocurrency-related-ads-with-limited-exceptions-report/Twitter may be the next platform to ban cryptocurrency-related ads, following the footsteps of Google and Facebook. According to Sky News, Twitter’s ad ban would go into effect in two weeks. The microblogging platform will reportedly block ads from initial coin offerings (ICOs), cryptocurrency wallets, and exchanges. Notably the ban will have limited exceptions, potentially
The post Twitter to Ban Cryptocurrency-Related Ads, With Limited Exceptions: Report appeared first on CCN

]]>http://abitco.in/btc-eth-recover-from-monthly-lows-on-comments-to-g20-members/feed/0Crypto vs. Cash – How the Numbers Stack Up on Drugs, Guns, Murdershttp://abitco.in/crypto-vs-cash-how-the-numbers-stack-up-on-drugs-guns-murders/
http://abitco.in/crypto-vs-cash-how-the-numbers-stack-up-on-drugs-guns-murders/#commentsMon, 19 Mar 2018 12:55:05 +0000http://abitco.in/crypto-vs-cash-how-the-numbers-stack-up-on-drugs-guns-murders/It is easy to call Bitcoin a tool for buying drugs and weapons, because its a currency, just like the USD, which is also used for that purposes.

]]>http://abitco.in/crypto-vs-cash-how-the-numbers-stack-up-on-drugs-guns-murders/feed/0Cryptos Don’t Pose Risks to Global Financial Stability: FSB’s Carney Tells G20http://abitco.in/cryptos-dont-pose-risks-to-global-financial-stability-fsbs-carney-tells-g20/
http://abitco.in/cryptos-dont-pose-risks-to-global-financial-stability-fsbs-carney-tells-g20/#commentsMon, 19 Mar 2018 12:11:19 +0000http://abitco.in/cryptos-dont-pose-risks-to-global-financial-stability-fsbs-carney-tells-g20/The Financial Stability Board (FSB), an international body that monitors the global financial system to promote stability and coordinates financial regulation for G20 nations has dismissed calls from some G20 members to regulate cryptocurrencies like bitcoin. In a letter [PPDF] sent to G20 finance ministers and central bank governors on the eve of this year’s
The post Cryptos Don’t Pose Risks to Global Financial Stability: FSB’s Carney Tells G20 appeared first on CCN

]]>http://abitco.in/bitcoin-price-jumps-1k-after-carney-tells-g20-crypto-does-not-pose-risk/feed/0Top Visa Executive Attacks Bitcoin, Brags About His Wealthhttp://abitco.in/top-visa-executive-attacks-bitcoin-brags-about-his-wealth-2/
http://abitco.in/top-visa-executive-attacks-bitcoin-brags-about-his-wealth-2/#commentsMon, 19 Mar 2018 11:40:34 +0000http://abitco.in/top-visa-executive-attacks-bitcoin-brags-about-his-wealth-2/Late last week, in a series of statements which let you know how rich he is, a top executive at Visa lambasted Bitcoin with claims that rival even the greatest of FUD throwers.
Rich Guy Says ‘Bitcoin is Bad’
Vasant Prabhu, the chief financial officer of Visa — the world’s biggest payment network by market value — has taken time out of his busy schedule to bury Bitcoin beneath a mountain of negativity.
In addition to claiming that cryptocurrency has been utilized by “every crook and dirty politician,” Prabhu stated that the majority of investors have no clue what they’re doing. While subtly flaunting his status as ‘kind of a big deal,’ he told the Financial Times:
The people asking me are the ones who scare the hell out of me. You know, guys like the limo driver to the airport . . . They have no idea what they are doing.
(Because — you know — limo drivers are apparently incapable of making educated investment decisions.)

Prabhu also explained to the Financial Times how a bank teller informed the Visa executive of his plans to sell Bitcoin in …

]]>http://abitco.in/top-visa-executive-attacks-bitcoin-brags-about-his-wealth-2/feed/0Top Visa Executive Attacks Bitcoin, Brags About His Wealthhttp://abitco.in/top-visa-executive-attacks-bitcoin-brags-about-his-wealth/
http://abitco.in/top-visa-executive-attacks-bitcoin-brags-about-his-wealth/#commentsMon, 19 Mar 2018 11:40:29 +0000http://abitco.in/top-visa-executive-attacks-bitcoin-brags-about-his-wealth/Late last week, in a series of statements which let you know how rich he is, a top executive at Visa lambasted Bitcoin with claims that rival even the greatest of FUD throwers.
Rich Guy Says ‘Bitcoin is Bad’
Vasant Prabhu, the chief financial officer of Visa — the world’s biggest payment network by market value — has taken time out of his busy schedule to bury Bitcoin beneath a mountain of negativity.
In addition to claiming that cryptocurrency has been utilized by “every crook and dirty politician,” Prabhu stated that the majority of investors have no clue what they’re doing. While subtly flaunting his status as ‘kind of a big deal,’ he told the Financial Times:
The people asking me are the ones who scare the hell out of me. You know, guys like the limo driver to the airport . . . They have no idea what they are doing.
(Because — you know — limo drivers are apparently incapable of making educated investment decisions.)

Prabhu also explained to the Financial Times how a bank teller informed the Visa executive of his plans to sell Bitcoin in …

]]>http://abitco.in/top-visa-executive-attacks-bitcoin-brags-about-his-wealth/feed/0Chinese Stock Exchange Probes Firm's Blockchain Claim Amid Stock Rallyhttp://abitco.in/chinese-stock-exchange-probes-firms-blockchain-claim-amid-stock-rally-2/
http://abitco.in/chinese-stock-exchange-probes-firms-blockchain-claim-amid-stock-rally-2/#commentsMon, 19 Mar 2018 11:30:39 +0000http://abitco.in/chinese-stock-exchange-probes-firms-blockchain-claim-amid-stock-rally-2/A public company in China is being questioned over a blockchain claim that appeared to drive a rally in its stock price.

]]>http://abitco.in/chinese-stock-exchange-probes-firms-blockchain-claim-amid-stock-rally-2/feed/0Chinese Stock Exchange Probes Firm's Blockchain Claim Amid Stock Rallyhttp://abitco.in/chinese-stock-exchange-probes-firms-blockchain-claim-amid-stock-rally/
http://abitco.in/chinese-stock-exchange-probes-firms-blockchain-claim-amid-stock-rally/#commentsMon, 19 Mar 2018 11:30:36 +0000http://abitco.in/chinese-stock-exchange-probes-firms-blockchain-claim-amid-stock-rally/A public company in China is being questioned over a blockchain claim that appeared to drive a rally in its stock price.

]]>http://abitco.in/bitcoin-returns-above-8k-but-sell-off-risks-remain/feed/0Twitter Will Ban Cryptocurrency Ads in Two Weeks, Says Reporthttp://abitco.in/twitter-will-ban-cryptocurrency-ads-in-two-weeks-says-report/
http://abitco.in/twitter-will-ban-cryptocurrency-ads-in-two-weeks-says-report/#commentsMon, 19 Mar 2018 11:30:13 +0000http://abitco.in/twitter-will-ban-cryptocurrency-ads-in-two-weeks-says-report/Following in the footsteps of Facebook and Google, Twitter is reportedly planning a ban on advertisements related to cryptocurrencies.

]]>http://abitco.in/markets-live-monday-19th-march-2018/feed/0PR: ZeroEdge.Bet Casino Opens New Office in Londonhttp://abitco.in/pr-zeroedge-bet-casino-opens-new-office-in-london/
http://abitco.in/pr-zeroedge-bet-casino-opens-new-office-in-london/#commentsMon, 19 Mar 2018 11:17:33 +0000http://abitco.in/pr-zeroedge-bet-casino-opens-new-office-in-london/This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. ZeroEdge.Bet, a start-up that is building a blockchain based online… View Article

]]>http://abitco.in/pr-zeroedge-bet-casino-opens-new-office-in-london/feed/0Another Wall Street Firm Hops on the Bitcoin Bandwagonhttp://abitco.in/another-wall-street-firm-hops-on-the-bitcoin-bandwagon/
http://abitco.in/another-wall-street-firm-hops-on-the-bitcoin-bandwagon/#commentsMon, 19 Mar 2018 11:17:07 +0000http://abitco.in/another-wall-street-firm-hops-on-the-bitcoin-bandwagon/Wall Street trading firm Jane Street Capital, which trades approximately $5.6 trillion USD across its 56,000 products annually, is now eyeing off bitcoin. As reported on Business Insider, the company recently included bitcoin in its list of asset classes. Jane Street Capital is a major global player in quantitative trading, with a focus on technology… View Article

]]>http://abitco.in/another-wall-street-firm-hops-on-the-bitcoin-bandwagon/feed/0Brazilian Exchange Foxbit to Process Withdrawals during Extended Downtimehttp://abitco.in/brazilian-exchange-foxbit-to-process-withdrawals-during-extended-downtime-2/
http://abitco.in/brazilian-exchange-foxbit-to-process-withdrawals-during-extended-downtime-2/#commentsMon, 19 Mar 2018 11:16:23 +0000http://abitco.in/brazilian-exchange-foxbit-to-process-withdrawals-during-extended-downtime-2/As recently covered by CCN, Brazil’s largest cryptocurrency exchange Foxbit recently went down and lost a total of 30 bitcoins because of a bug that allowed users to withdraw their bitcoin balances twice. At the time, Foxbit claimed it would be back online by March 14, but now warned the platform will be offline until
The post Brazilian Exchange Foxbit to Process Withdrawals during Extended Downtime appeared first on CCN

]]>http://abitco.in/brazilian-exchange-foxbit-to-process-withdrawals-during-extended-downtime-2/feed/0Brazilian Exchange Foxbit to Process Withdrawals during Extended Downtimehttp://abitco.in/brazilian-exchange-foxbit-to-process-withdrawals-during-extended-downtime/
http://abitco.in/brazilian-exchange-foxbit-to-process-withdrawals-during-extended-downtime/#commentsMon, 19 Mar 2018 11:16:23 +0000http://abitco.in/brazilian-exchange-foxbit-to-process-withdrawals-during-extended-downtime/As recently covered by CCN, Brazil’s largest cryptocurrency exchange Foxbit recently went down and lost a total of 30 bitcoins because of a bug that allowed users to withdraw their bitcoin balances twice. At the time, Foxbit claimed it would be back online by March 14, but now warned the platform will be offline until
The post Brazilian Exchange Foxbit to Process Withdrawals during Extended Downtime appeared first on CCN

]]>http://abitco.in/brazilian-exchange-foxbit-to-process-withdrawals-during-extended-downtime/feed/0MasterCard Open To ‘Not Anonymous’, State-Issued Cryptocurrencies, All Others ‘Junk’http://abitco.in/mastercard-open-to-not-anonymous-state-issued-cryptocurrencies-all-others-junk/
http://abitco.in/mastercard-open-to-not-anonymous-state-issued-cryptocurrencies-all-others-junk/#commentsMon, 19 Mar 2018 10:40:24 +0000http://abitco.in/mastercard-open-to-not-anonymous-state-issued-cryptocurrencies-all-others-junk/MasterCard wants to work with gov’t-backed crypto, all other crypto is “junk” #NEWS

]]>http://abitco.in/mastercard-open-to-not-anonymous-state-issued-cryptocurrencies-all-others-junk/feed/0Virtual Clinic Uses Blockchain to Transform Treatments For Seriously Ill Patientshttp://abitco.in/virtual-clinic-uses-blockchain-to-transform-treatments-for-seriously-ill-patients/
http://abitco.in/virtual-clinic-uses-blockchain-to-transform-treatments-for-seriously-ill-patients/#commentsMon, 19 Mar 2018 10:35:20 +0000http://abitco.in/virtual-clinic-uses-blockchain-to-transform-treatments-for-seriously-ill-patients/An established company is using Blockchain to address critical issues in healthcare, such as high misdiagnosis rates and the integrity of patient data. #SPONSORED

]]>http://abitco.in/virtual-clinic-uses-blockchain-to-transform-treatments-for-seriously-ill-patients/feed/0Overstock Subsidiary Invests in Caribbean Bitcoin Startup Bitthttp://abitco.in/overstock-subsidiary-invests-in-caribbean-bitcoin-startup-bitt-2/
http://abitco.in/overstock-subsidiary-invests-in-caribbean-bitcoin-startup-bitt-2/#commentsMon, 19 Mar 2018 10:00:13 +0000http://abitco.in/overstock-subsidiary-invests-in-caribbean-bitcoin-startup-bitt-2/Medici Ventures, the subsidiary of popular online retailer Overstock, has announced that it will be investing 3 million United States Dollars in the Barbados-based blockchain oriented company, Bitt. According to a press release, the move will grant the company an increase in ownership by 8.6 percent. Bitt is a company that first appeared in 2015
The post Overstock Subsidiary Invests in Caribbean Bitcoin Startup Bitt appeared first on CCN

]]>http://abitco.in/overstock-subsidiary-invests-in-caribbean-bitcoin-startup-bitt-2/feed/0Overstock Subsidiary Invests in Caribbean Bitcoin Startup Bitthttp://abitco.in/overstock-subsidiary-invests-in-caribbean-bitcoin-startup-bitt/
http://abitco.in/overstock-subsidiary-invests-in-caribbean-bitcoin-startup-bitt/#commentsMon, 19 Mar 2018 10:00:13 +0000http://abitco.in/overstock-subsidiary-invests-in-caribbean-bitcoin-startup-bitt/Medici Ventures, the subsidiary of popular online retailer Overstock, has announced that it will be investing 3 million United States Dollars in the Barbados-based blockchain oriented company, Bitt. According to a press release, the move will grant the company an increase in ownership by 8.6 percent. Bitt is a company that first appeared in 2015
The post Overstock Subsidiary Invests in Caribbean Bitcoin Startup Bitt appeared first on CCN

]]>http://abitco.in/overstock-subsidiary-invests-in-caribbean-bitcoin-startup-bitt/feed/0Never Mind The Bitcoins: Carney Tells G20 Cryptoassets ‘Pose No Risk’http://abitco.in/never-mind-the-bitcoins-carney-tells-g20-cryptoassets-pose-no-risk-2/
http://abitco.in/never-mind-the-bitcoins-carney-tells-g20-cryptoassets-pose-no-risk-2/#commentsMon, 19 Mar 2018 09:40:40 +0000http://abitco.in/never-mind-the-bitcoins-carney-tells-g20-cryptoassets-pose-no-risk-2/The head of the Bank of England Mark Carney has told members of the G20 that cryptoassets “do not pose risks to global financial stability.”
Carney: Crypto Is No Match For Credit Default
In a statement released Sunday a day before the group begins a summit in Argentina, Carney appeared to broadly copy the approach to crypto regulation seen from US regulators in February.
He was speaking in his capacity as head of international banking regulatory group the Financial Stability Board (FSB).

“Even at their recent peak, their combined global market value was less than 1% of global GDP. In comparison, just prior to the global financial crisis, the notional value of credit default swaps was 100% of global GDP,” he wrote.
Their small size, and the fact that they are not substitutes for currency and with very limited use for real economy and financial transactions, has meant the linkages to the rest of the financial system are limited.
All Eyes On G20
The move represents a softening in stance for Carney, and foreshadows a G20 summit which many anticipate will see international cooperation on regulation begin to emerge.
Also in February, Carney had stated he thought Bitcoin …

]]>http://abitco.in/never-mind-the-bitcoins-carney-tells-g20-cryptoassets-pose-no-risk-2/feed/0Never Mind The Bitcoins: Carney Tells G20 Cryptoassets ‘Pose No Risk’http://abitco.in/never-mind-the-bitcoins-carney-tells-g20-cryptoassets-pose-no-risk/
http://abitco.in/never-mind-the-bitcoins-carney-tells-g20-cryptoassets-pose-no-risk/#commentsMon, 19 Mar 2018 09:40:32 +0000http://abitco.in/never-mind-the-bitcoins-carney-tells-g20-cryptoassets-pose-no-risk/The head of the Bank of England Mark Carney has told members of the G20 that cryptoassets “do not pose risks to global financial stability.”
Carney: Crypto Is No Match For Credit Default
In a statement released Sunday a day before the group begins a summit in Argentina, Carney appeared to broadly copy the approach to crypto regulation seen from US regulators in February.
He was speaking in his capacity as head of international banking regulatory group the Financial Stability Board (FSB).

“Even at their recent peak, their combined global market value was less than 1% of global GDP. In comparison, just prior to the global financial crisis, the notional value of credit default swaps was 100% of global GDP,” he wrote.
Their small size, and the fact that they are not substitutes for currency and with very limited use for real economy and financial transactions, has meant the linkages to the rest of the financial system are limited.
All Eyes On G20
The move represents a softening in stance for Carney, and foreshadows a G20 summit which many anticipate will see international cooperation on regulation begin to emerge.
Also in February, Carney had stated he thought Bitcoin …

Bitcoin Press Release: DataBrokerDAO proudly announce the launch of their token pre-sale that goes live March 19th, 2018 – 4pm CET. The announcement comes along-side a brand new Alpha V2 version of their decentralised data brokerage platform.

March 19th, 2018. Dubai, UAE – DataBroker DAO have been listening to the feedback received from potential users, DataBroker DAO alliance members and a broad spectrum of potential traders of data on the platform. What has come of this is nothing short of spectacular. The focal point of interest gathered from the feedback is an issue that was already a major part of the DataBroker DAO roadmap, which has now been moved up the priority list.

Building Alpha V2.0

What was apparent was that token holders, alliance members and potential users had a strong desire to be assured of the quality of data being sold and purchased on the DataBroker DAO platform. It would be unwise to leave this unacknowledged and so Databroker decided to take a look at the platform and re-engineer it from the ground up.

Now, DataBroker DAO has a “token curated registry” with DTX token staking. The appropriately named “Discovery Release” has a range of sensors in and around Belgium which act as the interface to search and browse for data built on the token curated registry. On top of this, DataBroker DAO have created a brand new DApp (Decentralised application) that focuses on discovering new and interesting data sets that allow buyers to easily search for the data they require.

The DataBroker DAO Platform

DataBroker DAO is a platform for individuals, companies, researchers, governments and anyone who desires IoT (Internet of Things) sensor data. The market growth for this type of data is exponential and yet a vast majority of the data isn’t being shared and is holed up in data silos and walled gardens.

The projected primary market value for these sensors is expected to reach 1.2 Trillion USD in 2019 with the majority of that data being locked away with the sensor owners and an estimated 10% of the data generated is ‘sought for others’ meaning that next year, roughly 120 Billion USD worth of data will be locked away next year.

The DTX Token and Token Pre-Sale

This timely move gives DataBroker DAO the confidence to move forward and enter into the Pre-Sale phase, which is live today,March 19th, 2018 – 4pm CET, the Pre-Sale for the DTX token which is a utility in the DataBroker DAO platform. DTX is an ERC20 compliant token and will serve as the funding for users to buy and sell sensor data within the platform.

Participants will be able to secure DTX tokens with Ethereum contributions; the Pre-Sale rate will be 1 ETH = 4000 DTX and there is a 50% (2000 additional DTX per 1 ETH) bonus for presale participants, with a minimum contribution during the Pre-Sale of 10 ETH.

DataBroker DAO is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

About Bitcoin PR Buzz -Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR

Bitcoin Press Release: DataBrokerDAO proudly announce the launch of their token pre-sale that goes live March 19th, 2018 – 4pm CET. The announcement comes along-side a brand new Alpha V2 version of their decentralised data brokerage platform.

March 19th, 2018. Dubai, UAE – DataBroker DAO have been listening to the feedback received from potential users, DataBroker DAO alliance members and a broad spectrum of potential traders of data on the platform. What has come of this is nothing short of spectacular. The focal point of interest gathered from the feedback is an issue that was already a major part of the DataBroker DAO roadmap, which has now been moved up the priority list.

Building Alpha V2.0

What was apparent was that token holders, alliance members and potential users had a strong desire to be assured of the quality of data being sold and purchased on the DataBroker DAO platform. It would be unwise to leave this unacknowledged and so Databroker decided to take a look at the platform and re-engineer it from the ground up.

Now, DataBroker DAO has a “token curated registry” with DTX token staking. The appropriately named “Discovery Release” has a range of sensors in and around Belgium which act as the interface to search and browse for data built on the token curated registry. On top of this, DataBroker DAO have created a brand new DApp (Decentralised application) that focuses on discovering new and interesting data sets that allow buyers to easily search for the data they require.

The DataBroker DAO Platform

DataBroker DAO is a platform for individuals, companies, researchers, governments and anyone who desires IoT (Internet of Things) sensor data. The market growth for this type of data is exponential and yet a vast majority of the data isn’t being shared and is holed up in data silos and walled gardens.

The projected primary market value for these sensors is expected to reach 1.2 Trillion USD in 2019 with the majority of that data being locked away with the sensor owners and an estimated 10% of the data generated is ‘sought for others’ meaning that next year, roughly 120 Billion USD worth of data will be locked away next year.

The DTX Token and Token Pre-Sale

This timely move gives DataBroker DAO the confidence to move forward and enter into the Pre-Sale phase, which is live today,March 19th, 2018 – 4pm CET, the Pre-Sale for the DTX token which is a utility in the DataBroker DAO platform. DTX is an ERC20 compliant token and will serve as the funding for users to buy and sell sensor data within the platform.

Participants will be able to secure DTX tokens with Ethereum contributions; the Pre-Sale rate will be 1 ETH = 4000 DTX and there is a 50% (2000 additional DTX per 1 ETH) bonus for presale participants, with a minimum contribution during the Pre-Sale of 10 ETH.

DataBroker DAO is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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]]>http://abitco.in/databroker-dao-token-pre-sale-now-live-following-huge-v2-0-platform-update/feed/0Mastercard Open to Cryptocurrency, But There’s a Catchhttp://abitco.in/mastercard-open-to-cryptocurrency-but-theres-a-catch/
http://abitco.in/mastercard-open-to-cryptocurrency-but-theres-a-catch/#commentsMon, 19 Mar 2018 07:40:14 +0000http://abitco.in/mastercard-open-to-cryptocurrency-but-theres-a-catch/An executive confirms that Mastercard is open to the use of cryptocurrency, but there is a major catch involved.
Banks have notoriously been steadfast in their opposition to cryptocurrencies, and this is for a very good reason. The peer-to-peer economic marketplace of digital currencies is a direct threat to the current financial monopoly held by banks and other financial institutions. Which is why it was surprising when an executive at Mastercard said that the credit card issuer was open to the overall use of cryptocurrency. However, there is a major catch to this announcement.

Crypto Cold Feet
Mastercard has put a lot of time and effort into blockchain technology, but they’re not exactly a fan of virtual currencies like Bitcoin. This was clearly evident when Mastercard and Visa classified the buying of cryptocurrency as a cash advance instead of a purchase.
At the time, the credit card giant stated:
Over the past few weeks, we have clarified to acquirers – or the merchant’s bank – the right transaction or merchant category code to use for these type of transactions (cryptocurrency purchases). This provides a consistent view of such purchases for both merchants and issuers.
The result …

]]>http://abitco.in/mastercard-open-to-cryptocurrency-but-theres-a-catch/feed/0Plattsburgh's Crypto Mining Ban Could End Earlier Than Expectedhttp://abitco.in/plattsburghs-crypto-mining-ban-could-end-earlier-than-expected-2/
http://abitco.in/plattsburghs-crypto-mining-ban-could-end-earlier-than-expected-2/#commentsMon, 19 Mar 2018 07:30:28 +0000http://abitco.in/plattsburghs-crypto-mining-ban-could-end-earlier-than-expected-2/Plattsburgh imposed an 18-month halt on new commercial cryptomining operations, but indicated it could end sooner if protections are put in place.

]]>http://abitco.in/plattsburghs-crypto-mining-ban-could-end-earlier-than-expected-2/feed/0Plattsburgh's Crypto Mining Ban Could End Earlier Than Expectedhttp://abitco.in/plattsburghs-crypto-mining-ban-could-end-earlier-than-expected/
http://abitco.in/plattsburghs-crypto-mining-ban-could-end-earlier-than-expected/#commentsMon, 19 Mar 2018 07:30:24 +0000http://abitco.in/plattsburghs-crypto-mining-ban-could-end-earlier-than-expected/Plattsburgh imposed an 18-month halt on new commercial cryptomining operations, but indicated it could end sooner if protections are put in place.

]]>http://abitco.in/plattsburghs-crypto-mining-ban-could-end-earlier-than-expected/feed/0UK IT Equipment Maker Plans Britain’s Biggest Bitcoin Mining Farmhttp://abitco.in/uk-it-equipment-maker-plans-britains-biggest-bitcoin-mining-farm/
http://abitco.in/uk-it-equipment-maker-plans-britains-biggest-bitcoin-mining-farm/#commentsMon, 19 Mar 2018 07:00:17 +0000http://abitco.in/uk-it-equipment-maker-plans-britains-biggest-bitcoin-mining-farm/Bladetec, a supplier of high-powered IT equipment in the UK, is reportedly planning to build a £10 million ($13.9 million) bitcoin mining farm across three locations in England. According to major UK daily The Telegraph, Bladetec is looking to raise £10 million from investors to build and operate a 3-500 square foot bitcoin farming facility operating
The post UK IT Equipment Maker Plans Britain’s Biggest Bitcoin Mining Farm appeared first on CCN

]]>http://abitco.in/uk-it-equipment-maker-plans-britains-biggest-bitcoin-mining-farm/feed/0Horizon Pre-ICO Starting March 19 – 60% Discount for Investorshttp://abitco.in/horizon-pre-ico-starting-march-19-60-discount-for-investors-2/
http://abitco.in/horizon-pre-ico-starting-march-19-60-discount-for-investors-2/#commentsMon, 19 Mar 2018 06:40:16 +0000http://abitco.in/horizon-pre-ico-starting-march-19-60-discount-for-investors-2/The Horizon pre-ICO powered by Horizon Telecommunications has been announced to start on March 19. The project has been attracting a lot of attention as the first telecom based company raising funds through an ICO. The company through this initiative would roll out state-of-the-art telecom services in the Caribbean, quickly expanding to Central America and then to key markets Worldwide.
Being a contributor to the sale enables users to generate and own the Horizon token. The Horizon smart token provides the mechanism through which an investor gains access into the token economy of a fledgling world-class company serving the internet and telecom needs of millions of people in the Caribbean.
For investors interested in the presale, the following are some terms of participation in the upcoming Horizon presale:
A portion of 2 million tokens is available for purchase at a discounted price of 60 percent of the fixed value of Horizon token, with a significant number sold during the private presale.
Another 8 million tokens are available for purchase at a discounted price of 45 percent of the fixed value of the Horizon token.
The fixed initial price of the HRZN has been kept at 0.0008 ETH.
The presale will commence on March 19 through April 20. However, …

]]>http://abitco.in/horizon-pre-ico-starting-march-19-60-discount-for-investors-2/feed/0Horizon Pre-ICO Starting March 19 – 60% Discount for Investorshttp://abitco.in/horizon-pre-ico-starting-march-19-60-discount-for-investors/
http://abitco.in/horizon-pre-ico-starting-march-19-60-discount-for-investors/#commentsMon, 19 Mar 2018 06:40:16 +0000http://abitco.in/horizon-pre-ico-starting-march-19-60-discount-for-investors/The Horizon pre-ICO powered by Horizon Telecommunications has been announced to start on March 19. The project has been attracting a lot of attention as the first telecom based company raising funds through an ICO. The company through this initiative would roll out state-of-the-art telecom services in the Caribbean, quickly expanding to Central America and then to key markets Worldwide.
Being a contributor to the sale enables users to generate and own the Horizon token. The Horizon smart token provides the mechanism through which an investor gains access into the token economy of a fledgling world-class company serving the internet and telecom needs of millions of people in the Caribbean.
For investors interested in the presale, the following are some terms of participation in the upcoming Horizon presale:
A portion of 2 million tokens is available for purchase at a discounted price of 60 percent of the fixed value of Horizon token, with a significant number sold during the private presale.
Another 8 million tokens are available for purchase at a discounted price of 45 percent of the fixed value of the Horizon token.
The fixed initial price of the HRZN has been kept at 0.0008 ETH.
The presale will commence on March 19 through April 20. However, …

]]>http://abitco.in/horizon-pre-ico-starting-march-19-60-discount-for-investors/feed/0ICOs Iced: A 12-Month Freeze on US Token Trading Is Just Beginninghttp://abitco.in/icos-iced-a-12-month-freeze-on-us-token-trading-is-just-beginning-3/
http://abitco.in/icos-iced-a-12-month-freeze-on-us-token-trading-is-just-beginning-3/#commentsMon, 19 Mar 2018 05:30:33 +0000http://abitco.in/icos-iced-a-12-month-freeze-on-us-token-trading-is-just-beginning-3/The SEC’s actions against U.S. ICOs appear to not only be discouraging innovation, they’re leaving even experts confused about the state of play.

]]>http://abitco.in/icos-iced-a-12-month-freeze-on-us-token-trading-is-just-beginning-3/feed/0ICOs Iced: A 12-Month Freeze on US Token Trading Is Just Beginninghttp://abitco.in/icos-iced-a-12-month-freeze-on-us-token-trading-is-just-beginning-2/
http://abitco.in/icos-iced-a-12-month-freeze-on-us-token-trading-is-just-beginning-2/#commentsMon, 19 Mar 2018 05:30:31 +0000http://abitco.in/icos-iced-a-12-month-freeze-on-us-token-trading-is-just-beginning-2/The SEC’s actions against U.S. ICOs appear to not only be discouraging innovation, they’re leaving even experts confused about the state of play.

]]>http://abitco.in/icos-iced-a-12-month-freeze-on-us-token-trading-is-just-beginning-2/feed/0ICOs Iced: A 12-Month Freeze on US Token Trading Is Just Beginninghttp://abitco.in/icos-iced-a-12-month-freeze-on-us-token-trading-is-just-beginning/
http://abitco.in/icos-iced-a-12-month-freeze-on-us-token-trading-is-just-beginning/#commentsMon, 19 Mar 2018 05:30:27 +0000http://abitco.in/icos-iced-a-12-month-freeze-on-us-token-trading-is-just-beginning/The SEC’s actions against U.S. ICOs appear to not only be discouraging innovation, they’re leaving even experts confused about the state of play.

]]>http://abitco.in/icos-iced-a-12-month-freeze-on-us-token-trading-is-just-beginning/feed/0Bitcoin Spikes 7% to $8,460 Overnight as Cryptocurrency Market Reboundshttp://abitco.in/bitcoin-spikes-7-to-8460-overnight-as-cryptocurrency-market-rebounds/
http://abitco.in/bitcoin-spikes-7-to-8460-overnight-as-cryptocurrency-market-rebounds/#commentsMon, 19 Mar 2018 04:25:16 +0000http://abitco.in/bitcoin-spikes-7-to-8460-overnight-as-cryptocurrency-market-rebounds/After dipping below $7,300 on most major cryptocurrency exchanges, the price of bitcoin has spiked 7 percent overnight, increasing from $7,240 to $8,467, triggered by a variety of factors. G20 Many analysts have attributed the recent increase in the price of bitcoin to the result of the 2018 G20 Buenos Aires summit, during which the
The post Bitcoin Spikes 7% to $8,460 Overnight as Cryptocurrency Market Rebounds appeared first on CCN

]]>http://abitco.in/british-it-hardware-supplier-to-build-largest-bitcoin-farm-in-the-uk/feed/0Federal Trade Commission Files Lawsuit, Targets ‘Deceptive Cryptocurrency Schemes’http://abitco.in/federal-trade-commission-files-lawsuit-targets-deceptive-cryptocurrency-schemes-2/
http://abitco.in/federal-trade-commission-files-lawsuit-targets-deceptive-cryptocurrency-schemes-2/#commentsMon, 19 Mar 2018 01:40:49 +0000http://abitco.in/federal-trade-commission-files-lawsuit-targets-deceptive-cryptocurrency-schemes-2/The FTC has filed a lawsuit against two companies that have reportedly defrauded somewhere around 30,000 people worldwide, affirming their intent to disallow major cryptocurrency scam projects.
Cracking Down on Crypto Scams
The FTC’s primary focus is to protect consumers and enforce the legal framework that creates a competitive market, and they’re starting to take notice of the cryptocurrency space. There have been many questionable projects and quite a few outright scams. Some have promised absurd returns, but the revenue structure relies on users to recruit more users into the platform, and those users recruit more users.

According to The Washington Post, the lawsuit is targeted at what the FTC calls “chain referral” scams involving digital currencies. The most infamous crypto scam in recent times is Bitconnect, which imploded back in January of this year. Bitconnect is not being investigated in this recent suit, but people users still lost hundreds of thousands of dollars. The price of the coin hovered around the $320 mark and within minutes it dropped over 80%, continuing to fall to $1.62 where it sits today.
Offering Ridiculous Returns to Hopeful People
The FTC claims that the illegal activity has affected nearly 30,000 consumers …

]]>http://abitco.in/federal-trade-commission-files-lawsuit-targets-deceptive-cryptocurrency-schemes-2/feed/0Federal Trade Commission Files Lawsuit, Targets ‘Deceptive Cryptocurrency Schemes’http://abitco.in/federal-trade-commission-files-lawsuit-targets-deceptive-cryptocurrency-schemes/
http://abitco.in/federal-trade-commission-files-lawsuit-targets-deceptive-cryptocurrency-schemes/#commentsMon, 19 Mar 2018 01:40:49 +0000http://abitco.in/federal-trade-commission-files-lawsuit-targets-deceptive-cryptocurrency-schemes/The FTC has filed a lawsuit against two companies that have reportedly defrauded somewhere around 30,000 people worldwide, affirming their intent to disallow major cryptocurrency scam projects.
Cracking Down on Crypto Scams
The FTC’s primary focus is to protect consumers and enforce the legal framework that creates a competitive market, and they’re starting to take notice of the cryptocurrency space. There have been many questionable projects and quite a few outright scams. Some have promised absurd returns, but the revenue structure relies on users to recruit more users into the platform, and those users recruit more users.

According to The Washington Post, the lawsuit is targeted at what the FTC calls “chain referral” scams involving digital currencies. The most infamous crypto scam in recent times is Bitconnect, which imploded back in January of this year. Bitconnect is not being investigated in this recent suit, but people users still lost hundreds of thousands of dollars. The price of the coin hovered around the $320 mark and within minutes it dropped over 80%, continuing to fall to $1.62 where it sits today.
Offering Ridiculous Returns to Hopeful People
The FTC claims that the illegal activity has affected nearly 30,000 consumers …

]]>http://abitco.in/federal-trade-commission-files-lawsuit-targets-deceptive-cryptocurrency-schemes/feed/0Intel Thinks Blockchain Could Power a Next-Gen Media Rights Managerhttp://abitco.in/intel-thinks-blockchain-could-power-a-next-gen-media-rights-manager/
http://abitco.in/intel-thinks-blockchain-could-power-a-next-gen-media-rights-manager/#commentsMon, 19 Mar 2018 01:30:21 +0000http://abitco.in/intel-thinks-blockchain-could-power-a-next-gen-media-rights-manager/Tech giant Intel has moved to protect a custom system for digital rights management built on a blockchain.

]]>http://abitco.in/intel-thinks-blockchain-could-power-a-next-gen-media-rights-manager/feed/0Bitcoin Gloom? Cheer Up People. Things Are Moving Forward!http://abitco.in/bitcoin-gloom-cheer-up-people-things-are-moving-forward/
http://abitco.in/bitcoin-gloom-cheer-up-people-things-are-moving-forward/#commentsMon, 19 Mar 2018 00:05:42 +0000http://abitco.in/bitcoin-gloom-cheer-up-people-things-are-moving-forward/Apparently the community sentiment towards cryptocurrencies is darkening, yet again, due to the recent price drops. The culprit behind these massive sell orders? You already know the answer, Mt. Gox creditor. Google trends quickly show how the community is reacting to the recent events: people’s interest is as low as it was in May 2017.
The post Bitcoin Gloom? Cheer Up People. Things Are Moving Forward! appeared first on CCN

]]>http://abitco.in/blockchain-technology-takes-hold-in-israel-expert-take/feed/0Crypto-Fiat Financial Platform Saifu to Make Using Cryptocurrency as Easy as Using a Traditional Online Bank Accounthttp://abitco.in/crypto-fiat-financial-platform-saifu-to-make-using-cryptocurrency-as-easy-as-using-a-traditional-online-bank-account/
http://abitco.in/crypto-fiat-financial-platform-saifu-to-make-using-cryptocurrency-as-easy-as-using-a-traditional-online-bank-account/#commentsSun, 18 Mar 2018 19:40:25 +0000http://abitco.in/crypto-fiat-financial-platform-saifu-to-make-using-cryptocurrency-as-easy-as-using-a-traditional-online-bank-account/Saifu is looking to bridge the gap between fiat and digital currencies and bring access to financial services to the more than 2 million unbanked and underbanked people around the world. Bitcoinist recently sat down with Zach Murray, marketing director of the Czech-based startup, to discuss the merits of the platform, their upcoming ICO, and their participation in the recently completed Asian Tour 2018 roadshow.
Bitcoinist: For our readers who may not be familiar with Saifu, can you give us a quick overview of what the platform is?
ZM: Saifu is a simple, secure, and regulated platform that integrates fiat and cryptocurrencies into one account. On the Saifu app or web portal, users can buy or sell cryptocurrencies, exchange between fiat currencies (Euros to USD, for example), or send any of these to outside accounts and wallets. Saifu users can also receive a Mastercard that they can use anywhere Mastercard is accepted, and their purchases can be seamlessly funded from their Saifu accounts. We also offer exchange and payment processing services for businesses who want to accept or make payments with cryptocurrencies.

Bitcoinist: One of the biggest barriers to mainstream adoption of cryptocurrencies has been lack of accessibility for the average consumer. …